Search results for: cost reduction

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A list of search results

  • 7 June 2013

    GL Garrad Hassan has launched an ambitious project to bring fresh thinking to the design of offshore wind turbines. Project FORCE (turbine optimisation FOr Reduced Cost of Energy) will build on GL Garrad Hassan’s expertise in turbine design, control system engineering and structural modelling. The project will systematically consider new technologies that can be applied […]

  • 5 March 2015

    The Offshore Wind Programme Board (OWPB) set up to remove barriers to deployment and deliver a programme for industry cost reduction in the UK offshore wind sector, has published its Annual Report for 2014. In 2014 the OWPB commissioned the Cost Reduction Monitoring Framework (CRMF). The first CRMF Report, published last Friday, shows that the […]

  • 19 February 2014
    Authorities, Business & Finance

    Maximising the economic benefit from offshore wind is a key priority for the UK Government, reveals a new report. The Offshore Wind Programme Board (OWPB) annual report explains how the board is pursuing a comprehensive programme of real action to drive down costs and maximise benefits to the UK economy – tackling issues from skills […]

  • 17 November 2013

    Germany: Hochtief Plans to Sell Offshore Division German construction group Hochtief is very likely to sell its offshore division, according to German newspaper Wirtschaftswoche and the Handelsblatt. VIDEO: Fukushima Floating Offshore Wind Power Project Japan is speeding up with the development of its floating offshore wind projects, in an aim to move away from nuclear […]

  • 24 October 2013
    R&D, Technology

    On October 16, the Offshore Wind Installation and Maintenance (OWIM) Conference was held simultaneously with Offshore Energy Exhibition & Conference in Amsterdam, the Netherlands. All attendees had an opportunity to learn more about various topics from the offshore wind industry and hear different opinions from experts in this field. In general, the OWIM Conference was […]

  • 21 October 2011

    Despite fears of sweeping cuts, Rick Eggleston, Managing Director of REpower UK, believes today’s ROC banding announcement by DECC is welcome and will ensure growth remains healthy across the wind sector. Reductions include a fall of 1 ROC to 0.9 ROC in 2013 for onshore wind, and from 2 ROCs to 1.9 ROCs from April […]

  • 25 April 2014

    Commenting on the UK government’s announcement that it has approved five offshore wind farm projects, Adrian Scholtz, head of renewables at KPMG said: “The government’s announcement to approve five offshore wind farms puts the UK back in the driving seat, ahead of Germany and France. The industry must now seize the opportunity to invest in […]

  • 26 March 2013

    The sub area selected by the senior executives with most potential for cost reduction was foundations, with almost twice as many responses as the next closest. Foundations make up 19% of an offshore wind power plant’s LCOE according to Lindoe Offshore Renewables Center [LORC]. Foundation cost reduction, and the cost of the logistics to their […]

  • 29 June 2016
    Grid Connection

    A new study commissioned by German wind energy industry has revealed considerable acceleration and cost reduction potential in the offshore HVDC grid connection field and has proposed an improved network utilization for short-term elimination of bottlenecks on land.  According to the analysis, there is potential for acceleration of 8 to 14 months in the tendering and contracting […]

  • 28 March 2017
    Business & Finance

    ORE Catapult published a new report on 28 March, highlighting the economic benefits of a strong UK offshore wind industry, which could be worth as much as GBP 2.9 billion to the UK economy by 2030.

  • 27 April 2016
    Business & Finance, Wind Farm Update

    Low Carbon Contracts Company (LCCC), a UK government-owned company created to deliver key elements of the Electricity Market Reform Programme, confirmed that Contract for Difference (CfD) milestones for East Anglia ONE have been fulfilled. With the CfD milestones achieved and confirmed by the Low Carbon Contracts Company, the project will be delivered at a price of £119/MWh, a […]

  • 30 June 2015

    RenewableUK has welcomed the new report commissioned by the Committee on Climate Change which shows the cost of offshore wind energy will drop dramatically by the end of the decade, with further significant cost reductions in the 2020s. The study, “Approaches to cost reduction in offshore wind” by BVG Associates for the CCC, says there is […]

  • 21 March 2013

    Together with associations and companies in the offshore wind industry, including RWE Innogy, the OFFSHORE WIND ENERGY Foundation has commissioned two studies in an effort to create a strong basis for the current discussion and a meaningful adjustment of the renewable energy act. Both studies will be closely coordinated. The results are to be presented […]

  • 6 June 2017
    Authorities, Business & Finance

    The governments of Germany, Belgium and Denmark came together with offshore wind industry captains in signing a Joint Statement to further the deployment of offshore wind energy in Europe.

  • 22 August 2012

    Vestas had previously announced the workforce would be reduced by 2.335 by the end of 2012, these reductions are ahead of schedule and to reach that number 1.100 employees will be made redundant by the end of September 2012. Further employees will then be made redundant before the end of the year bringing the total […]

  • 8 December 2017
    Business & Finance, R&D, Technology

    Cost reductions in the offshore wind industry will continue and we expect to see a further 30 percent cut to the current Levelised Cost of Energy (LCoE) by 2030, Mike Blanch, Associate Director, BVG Associates, said.

  • 14 April 2015
    Business & Finance

    The ECOWindS (European Clusters for Offshore Wind Servicing) project has announced the date for its final project conference as Tuesday 29th September 2015; the event will take place at the OrbisEnergy, the hub for Offshore Renewables, in Lowestoft. The conference will bring together representatives from industry, regional and national administration and education and research establishments […]

  • 19 December 2016

    The European Union’s Horizon 2020 Research and Innovation Programme is funding CL-Windcon (Closed Loop Wind Farm Control) project with EUR 4.9 million. CL-Windcon aims to lead to a reduction of the levelised cost of energy by 10% achieved through an increase in energy production, a reduction of O&M costs, lifetime extension and material cost reductions. The […]

  • 10 August 2016
    Business & Finance, R&D, Technology, Vessels, Wind Farm Update

    Using Motion Compensate Pile Gripper during installation of super-sized monopiles in deeper waters can lead to cost reductions of up to 40%, according to the tool’s developers – Temporary Works Design (TWD) and Barge Master. Nowadays, most monopiles are installed using purpose built jack-up vessels, however, for XL monopiles, these jack-ups have too little lifting and jacking […]

  • 15 January 2016
    Authorities, Business & Finance, Environment, Grid Connection

    Twenty Members of the European Parliament (MEPs) have signed the “Northern Seas as the Power House of North-Western Europe” Manifesto which sees offshore wind energy as a way to make the Northern Seas the “power house” of Europe.  MEPs believe that the progressive, large-scale, deployment of offshore wind farms and emerging marine renewables, along with the completion of a […]

  • 28 March 2017
    Business & Finance, R&D, Technology

    Offshore wind could potentially be fully integrated into the market on a competitive basis in some European countries within the next decade, according to a new report published by the International Energy Agency’s Renewable Energy Technology Deployment programme (IEA-RETD).

  • 9 October 2017

    It has been said more than once so far that offshore wind is a resource that can largely contribute to meeting the targets set out in the Paris Agreement. According to Bent Christensen, Vice President at Siemens Gamesa, offshore wind technology is already at a point to help meet COP21 goals.

  • 18 July 2013
    Authorities, R&D, Technology

    As part of the offshore wind test and demonstration leasing programme launched in June, The Crown Estate today issued a call for expressions of interest (EOI) in non-grid connected (off-grid) projects and variations to existing offshore wind projects. The Crown Estate manages the UK seabed, investing alongside renewable energy developers to facilitate the growth of […]

  • 25 April 2014
    Business & Finance, R&D, Technology

    A new roadmap developed by the UK Energy Research Centre (UKERC) and the Energy Technologies Institute (ETI) has identified the research and development areas that need to be addressed to make marine energy cost competitive with other energy technologies. Marine energy resources, consisting of wave and tidal stream energy, are abundant in UK waters. Although […]

  • 14 September 2016

    The cost of producing electricity via wind power is expected to fall 24-30 percent by 2030 and 35-41 percent by 2050, according to a new survey which covered three wind power applications: onshore wind, fixed-bottom offshore wind, and floating offshore wind. Cost reductions are anticipated as a function of continued advancements in wind energy technology. The findings […]

  • 12 September 2017
    Contracts & Tenders

    WindEurope has called on the UK and other European governments to provide more clarity to the offshore wind industry after 2020 by committing to ambitious offshore wind deployment targets. The association’s call came yesterday, 11 September, following the results of the UK Contracts for Difference (CfD) auction.